Puerto Rico Still in Peril as FEMA Scales Back Recovery Efforts
Four months after Hurricane Maria devastated Puerto Rico, problems still persist across the island. In his State of the Union address, President Trump said the U.S. stands with the island territory, but do his actions match his words?
Kelly Macias, writer at Daily Kos, joins Cheddar live from Puerto Rico to discuss the state of the island. Macias says police officers are on strike because of back pay issues and more than a third of the island is still without power.
Despite the problems that continue in Puerto Rico, President Trump is asking for $1.5 trillion to fund infrastructure projects across the country. However, that funding doesn't include Puerto Rico revitalization. Macias says there is anger and disappointment throughout the island over the president's focus on mainland infrastructure and lack of attention to the island.
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The Federal Reserve kept its key interest rate unchanged Wednesday for a third straight time, and its officials signaled that they expect to make three quarter-point cuts to their benchmark rate next year.
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